Link My Books creates a summary invoice for each payout you receive from Amazon or eBay Managed Payments.
We break down all the sales and fees checking the tax jurisdiction for each transaction and automatically applying the correct tax rates that you choose during setup, meaning your bookkeeping is finally accurate and on auto pilot.
Link My Books automatically import the complicated Amazon reports and create clean, easy to understand summary invoices in Xero that match the deposits from Amazon to the penny or cent - making reconciliation a breeze.
Setup takes just minutes and the average user saves at least 6 hours per month over manual data entry when using Link My Books.
On top of that, for UK sellers the potential to reduce overpaid VAT by getting your bookkeeping in order means Link My Books pays for itself for most users.
It’s accurate, quick and efficient - plus our support is well renowned as top class! (Just read our reviews!)
Why not start a free trial and if you have any questions along the way we are here to help you.
Link My Books + Xero
If you're an Amazon or eBay seller or an Ecommerce accountant and you're looking to save time accounting for your sales then Link My Books is for you.
We integrate directly with Amazon, eBay and Xero meaning each time you receive a payout from Amazon or eBay we process the contents and create a summary invoice ready to send to Xero (in one click).
We break down all of the sales, fees, VAT etc. into clean, easy to understand categories like:
Amazon Sales Amazon Refunds Amazon Seller Fees Amazon FBA Fees etc...
Not only that but we group your sales revenue by tax jurisdiction automatically meaning you no longer need to worry about over paying VAT on your UK and European sales.
Our setup wizard will guide you through getting connected and choosing your tax rates including both Pre and Post-Brexit tax rates if your selling in the UK.
Setup takes around 15 minutes and most customers report saving an average of at least 6 hours per month versus doing it manually, plus some even end up saving money through finally getting their VAT returns accurate.
Once happy with your setup you can save even more time by turning on AutoPost. This means that each time you receive a payout from Amazon or eBay we'll process it, apply your settings and post it across to Xero as an invoice on autopilot.
All you need to do then is reconcile it against the deposit into your bank by clicking OK on the bank reconciliation page in Xero.
Imagine if this month you could complete your Amazon and eBay bookkeeping in less than 10 minutes.
How much time would that save you? How big a headache does that save you from? What can you be doing instead to grow your business with your new found time?
Start your 14-day free trial of Link My Books today and follow the step-by-step process to connect your Amazon, eBay and Xero Accounts. Setup takes just a few minutes!
Step 1 - Create an account with Link My Books Head over to linkmybooks.com and start a free 14 day trial. For added security and efficiency we accept Sign In with Xero.
Step 2 - Connect your sales channels and Xero account We integrate directly with Xero, Amazon and eBay so connecting these up is quick and easy.
Step 3 - Guided setup wizard Choosing the right accounts and tax rates is complex but Link My Books makes it super easy. We ask you some questions about your business and suggest some accounts and tax rates for you. You check these with your accountant and that's it - you're done!
Step 4 - Start sending your payout summaries to Xero Once set up you can begin sending your payout summaries to Xero and match them against their corresponding deposits into the bank. This is the best part and will have you saying "Wow, why did I not use Link My Books earlier?"